Tag Archives: billion

Of $3 billion DOJ recovered in fraud, $2.6 billion attributable to healthcare

Of the more than $ 3 billion in fraud settlements and judgments the government recovered from civil cases involving fraud and false claims, $ 2.6 billion involved healthcare, according to the Department of Justice. The cases include drug and medical device manufacturers, managed care providers, hospitals, pharmacies, hospice organizations, laboratories, and physicians.  The amounts included… Read More »

Digital health start-up once worth $1.5 billion is racing to keep lights on as investors flee

Proteus Digital Health CEO Andrew Thompson Qin Chen | CNBC Proteus Digital Health has spent two decades trying to develop “smart pills” that can be used to tell a smartphone app whether patients have taken their medications. The technology was so promising that, three years ago, investors valued the company at $ 1.5 billion. But… Read More »

Google To Buy Fitbit For $2.1 Billion, What About Privacy Concerns?

Fitbit Co-founder/President & CEO James Park speaks onstage during TechCrunch Disrupt San Francisco … [+] 2019 at Moscone Convention Center on October 04, 2019 in San Francisco, California. (Photo by Kimberly White/Getty Images for TechCrunch) Getty Images for TechCrunch Fitbit is getting Googled, in more ways than one. That’s because there was a Fitbit of… Read More »